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This Ministry To Promote 10,000 Startups In Next 5-6 Years: Government

This Ministry To Promote 10,000 Startups In Next 5-6 Years: Government

NDTV
Tuesday, August 30, 2022 06:34:29 PM UTC

The government is looking to promote more than 10,000 startups in the next 5-6 years under the GENESIS programme.

The government is looking to promote more than 10,000 startups in the next 5-6 years under the GENESIS programme, Ministry of Electronics and IT (Meity) Secretary Alkesh Kumar Sharma said on Tuesday.

Mr Sharma also said he has not seen any startup running for funds and instead they are looking for growth opportunities through various means.

"Funding is not an issue. We are now moving to level next where Genesis is coming. We are going to launch. We are going to promote 10,000 startups in the next 5-6 years," Mr Sharma said.

He was responding to question about possible funding winter that could lead to shortage of funds for startups.

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